Deluard notes that such strong growth seemed natural for companies levered to millennial preferences like binge-watching shows, for example. However, this may be changing as millennials grow up.
Millennials have been criticized for their light work ethic and unusual consumer choices. Previous generations give heat to millennials for being woefully underinvested in financial markets. However, Deluard argues that millennials deserve more credit for the bull run. But FAANG's recent struggles may be a sign that the end is near as millennials become uncool and Gen Z dictates market trends. The strategist noted there is historical precedent for such demographic changes pointing to the end of a bull market.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Global oil market in glut, but not a big enough one for OPECOPEC has shifted the goalposts for assessing an overhang in oil inventories, giv... Can't tell it by prices at the gas pump..... Rich people getting richer via monoply prices. then, Why aren’t oil prices plummets in India It's the Mind Flayer! StrangerThings
Source: Reuters - 🏆 2. / 97 Read more »
Hedge against FANG earnings with this ETF strategyExchange-traded fund experts offer strategies for playing tech giants' stocks ahead of this week's earnings reports for three FANG companies.
Source: CNBC - 🏆 12. / 72 Read more »
How Legal Marijuana Is Helping the Black MarketExpensive regulation and high demand across the country have made the illicit trade more profitable than going legit. MJane is legal in Oregon and hasn't been too much of a big deal. Well of course illicit trade is good to be more profitable than legal trade you don’t pay taxes you don’t pay insurance you might pay rent for the properties that you’re using but the government takes a hit. Marijuana is not completely legal and that is why the black market thrives
Source: politico - 🏆 381. / 59 Read more »
Tesla’s Higher-End Sales Erode in Key Market Amid Model 3 GainsSales of Tesla’s high-end Model S sedan have taken a big hit in the company’s most important U.S. market, California, as the electric auto maker is leaning more heavily on selling the lower-priced Model 3 compact car. Too damn expensive tbh Design upgrades would be a start. Is WSJ capable of writing anything other than hit pieces against Tesla? Literally the day before earning and you’re trying to smear them. You’re not fooling anybody timkhiggins
Source: WSJ - 🏆 98. / 63 Read more »
China's new tech market has already made three billionairesIt only began trading on Monday, but China's new Nasdaq-style market has already propelled three tech executives to billionaire status. 21st century is the Chinese century realDonaldTrump How's your trade war going? 科创板
Source: CNN - 🏆 4. / 95 Read more »
The Municipal-Bond Market Is Now Controlled by Just a Few FirmsA few behemoths are increasingly dominating the municipal market, helping to lower prices for investors but sparking worries about concentration and influence. Oh gosh somebody please kill me What's your opinion about this news? Who really gives a big hoot
Source: WSJ - 🏆 98. / 63 Read more »